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[Form 4] Joby Aviation, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paul Sciarra, a director of Joby Aviation, Inc. (JOBY), reported the grant and immediate vesting of 818 restricted stock units (RSUs) on 10/05/2025. The RSUs were issued at no cash price ($0) and converted into direct ownership of 818 shares on the grant date. After the transaction, the Reporting Person directly beneficially owns 140,696 shares and indirectly holds 56,328,057 shares through two entities: Sciarra Management Trust and Sciarra Foundation. The filing was signed by an attorney-in-fact on 10/07/2025.

Positive

  • 818 RSUs were granted and are fully vested on 10/05/2025, providing immediate share ownership
  • Direct beneficial ownership after the transaction is 140,696 shares, confirming a meaningful direct stake
  • Voting and dispositive power is clearly disclosed for 56,328,057 shares held via trust and foundation

Negative

  • None.

Insights

Director received and vested 818 RSUs that converted to shares immediately.

The grant represents 818 RSUs awarded and fully vested on 10/05/2025, resulting in direct ownership of those shares at a reported price of $0. Immediate vesting means there are no future service-based vesting conditions tied to this specific award.

This increases direct free-float by 818 shares and does not change the large indirect holdings of 56,328,057 shares. Monitor any future filings showing sale or additional grants for timing and dilution effects within the next reporting period.

Reporting person holds substantial indirect stakes via trust and foundation.

The form discloses that voting and dispositive power over 56,328,057 shares is exercised indirectly through the Sciarra Management Trust and Sciarra Foundation, which may affect governance influence despite the director's modest direct position of 140,696 shares.

Investors may note the contrast between direct and indirect holdings when assessing insider alignment; any future changes to the indirect holdings would be material to monitor through subsequent Section 16 filings.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sciarra Paul Cahill

(Last) (First) (Middle)
C/O JOBY AVIATION, INC.
333 ENCINAL STREET

(Street)
SANTA CRUZ CA 95060

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/05/2025 A 818(1)(2) A $0 140,696 D
Common Stock 56,328,057 I By Sciarra Management Trust(3)
Common Stock 50,000 I By Sciarra Foundation(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of the Issuer.
2. The RSUs are fully vested on the grant date.
3. The shares of common stock are held of record by Sciarra Management Trust. The Reporting Person has voting and dispositive power of the shares held by Sciarra Management Trust therefore may be deemed to be the beneficial owner of such shares.
4. The shares of common stock are held of record by the Sciarra Foundation. The Reporting Person has voting and dispositive power of the shares held by the Sciarra Foundation therefore may be deemed to be the beneficial owner of such shares.
Remarks:
/s/ Kate DeHoff, Attorney-in-Fact for Paul Sciarra 10/07/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Paul Sciarra report in the JOBY Form 4 filed in October 2025?

The report discloses the grant and immediate vesting of 818 RSUs on 10/05/2025, conversion to shares at $0, resulting in 140,696 shares directly owned and indirect holdings of 56,328,057 shares.

How many shares does Paul Sciarra indirectly control according to the filing?

He has voting and dispositive power over 56,328,057 shares held of record by the Sciarra Management Trust and the Sciarra Foundation.

Were the RSUs subject to future vesting conditions?

No. The filing states the RSUs are fully vested on the grant date, so there are no future service-based vesting conditions for these 818 units.

What was the reported price for the RSU shares acquired?

The transaction reports a price of $0, consistent with typical RSU timing where shares are issued upon vesting rather than purchased.

Who signed the Form 4 for Paul Sciarra?

The Form 4 was signed by Kate DeHoff, Attorney-in-Fact for Paul Sciarra on 10/07/2025.
Joby Aviation Inc

NYSE:JOBY

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11.92B
583.93M
40.56%
37.5%
6.43%
Airports & Air Services
Aircraft
Link
United States
SANTA CRUZ